Working with Banyan is really about the journey you go on with your team. Having the courage to have frank conversations with team members who are family members. It becomes your navigation point.
— Family CEO
Authors
Does Your Family Business Have a Succession Plan?
A day before his 35th birthday, Hampton Berger*, a fourth-generation member of a successful family- owned manufacturing business, stood outside […]
Strength Through Boundaries: Implementing Structure in a Boundless Business
Interview with Rob Lachenauer and Omar Romman
According to Rob Lachenauer and Omar Romman, establishing boundaries is a delicate, multigenerational balancing […]
Is It Time to Leave the Family Business?
The Duke and Duchess of Sussex made headlines when they announced their decision to “step back” from their royal duties […]
Every Business Owner Should Define What Success Looks Like
“What do you mean we can’t pay dividends this year?” Elisa was incredulous. The board of the watch company she […]
When Should You Fire Your Child from the Family Business?
For years Charles dreamed of working side by side with his son, James, in the family business, a thriving manufacturing […]
What Happens When You Lose Your Mentor
He had been my mentor for 30 years. He died yesterday.
He was CEO of the firm where I began my […]
5 Signs Your Family Business Might Have an Ethics Problem
When he was attending his grandfather’s funeral, Robert Pasin, the CEO of Radio Flyer, was overwhelmed by the outpouring of […]
A ‘double transition’ crisis can result when CEOs hold the reins too long
When Tom Pickens and his wife, Kelly, suddenly died in a plane crash, the shock left their children and grandchildren […]
Is Your Company’s Strategy Aligned with Your Ownership Model?
When Vanguard founder John Bogle died last week, industry commentators were quick to point to the profound influence he had […]
Why Family Businesses Need To Find The Right Level of Conflict
From the outside, the Alexander family seemed to have it all.
Henry, the grandfather and family patriarch, had managed to turn […]